DA Davidson Has Bullish Outlook for Walmart FY2025 Earnings

Walmart Inc. (NYSE:WMT - Free Report) - DA Davidson lifted their FY2025 earnings per share (EPS) estimates for Walmart in a research note issued to investors on Wednesday, November 20th. DA Davidson analyst M. Baker now forecasts that the retailer will post earnings of $2.47 per share for the year, up from their previous estimate of $2.42. DA Davidson has a "Buy" rating and a $85.00 price objective on the stock. The consensus estimate for Walmart's current full-year earnings is $2.43 per share. DA Davidson also issued estimates for Walmart's FY2026 earnings at $2.70 EPS.

Several other analysts also recently issued reports on WMT. BMO Capital Markets lifted their price target on shares of Walmart from $80.00 to $100.00 and gave the company an "outperform" rating in a research report on Monday. Telsey Advisory Group boosted their target price on shares of Walmart from $92.00 to $100.00 and gave the stock an "outperform" rating in a research report on Tuesday. Jefferies Financial Group raised their price target on shares of Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Friday, November 15th. UBS Group increased their price objective on Walmart from $92.00 to $100.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, The Goldman Sachs Group lifted their target price on Walmart from $73.00 to $81.00 and gave the company a "buy" rating in a research report on Friday, August 16th. One research analyst has rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $91.51.

Walmart Stock Performance

Shares of Walmart stock opened at $87.18 on Thursday. The business has a 50-day simple moving average of $81.75 and a 200 day simple moving average of $73.43. Walmart has a one year low of $49.85 and a one year high of $88.29. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.22. The firm has a market capitalization of $700.77 billion, a price-to-earnings ratio of 35.78, a PEG ratio of 4.33 and a beta of 0.51.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to analysts' expectations of $167.69 billion. During the same period last year, the company posted $0.51 earnings per share. The business's quarterly revenue was up 5.5% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD grew its position in Walmart by 181.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer's stock worth $3,421,342,000 after acquiring an additional 36,625,314 shares during the last quarter. Jennison Associates LLC increased its stake in shares of Walmart by 479.6% in the third quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer's stock worth $1,492,200,000 after buying an additional 15,290,936 shares during the period. Canada Pension Plan Investment Board increased its stake in shares of Walmart by 284.0% in the first quarter. Canada Pension Plan Investment Board now owns 11,122,273 shares of the retailer's stock worth $669,227,000 after buying an additional 8,225,552 shares during the period. FMR LLC raised its holdings in Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after buying an additional 7,200,004 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in Walmart by 8,814.4% during the 3rd quarter. International Assets Investment Management LLC now owns 6,963,218 shares of the retailer's stock valued at $562,280,000 after buying an additional 6,885,106 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Alice L. Walton sold 2,709,163 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the transaction, the insider now owns 630,501,148 shares of the company's stock, valued at $48,781,873,820.76. This represents a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 2,063 shares of the company's stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $80.76, for a total value of $166,607.88. Following the completion of the sale, the executive vice president now directly owns 459,558 shares of the company's stock, valued at approximately $37,113,904.08. This represents a 0.45 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,337,337 shares of company stock worth $958,823,647. Insiders own 45.58% of the company's stock.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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